The Latest Breaking News from Virgin Galactic

Virgin Galactic is readying to send six people to suborbital space Thursday morning (May 25), on the company's final test flight before starting commercial operations.

Eight people will fly on Virgin Galactic's upcoming test mission. Six of them will go to suborbital space, and the other two will pilot the carrier aircraft to start the journey.

Virgin Galactic's VSS Unity took once again to the skies on April 26 for a glide test. The next step will be a test flight in space ahead of launching commercial service, officials said.

Zero-G's new CEO says private astronaut companies are encouraging their fliers to level up their space skills first on a modified 727 aircraft. And demand is growing quickly.

The UK’s space sector has shown a remarkable dynamism in the past few years. According to the latest official figures, the sector’s revenue grew about 5.1% in 2021, outpacing the global space industry. This is even more impressive considering the UK’s economy declined over the same period.

The billionaire venture capitalist has a harsh message for unprofitable startups: 'the mathematical truth of high interest rates is that it renders your company valueless.’

Six years ago, Virgin Orbit's future seemed bright.

Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff.

The startup founded by the Brit will not attempt to reorganize under protection from creditors but instead will pursue an outright sale.